CLOUDMD SOFTWARE & SVCS - DOCRF STOCK NEWS

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CloudMD Software & Services Inc. (TSXV: DOC) (OTCQX: DOCRF) (FSE: 6PH) is an innovative health services company based in Vancouver, British Columbia. The company focuses on transforming care delivery by combining cutting-edge technology with a vast network of healthcare professionals. CloudMD offers workplace health and well-being solutions through its Kii platform, providing personalized healthcare experiences across mental, physical, and occupational health. By leveraging advanced AI and deep learning algorithms, CloudMD enables remote patient monitoring, delivering accurate health measurements and personalized insights. The company also offers digital health education resources and mental health support services. CloudMD has recently signed contracts with leading healthcare organizations like The Ottawa Hospital to provide comprehensive health services to their employees. With a commitment to empowering healthier living, CloudMD is at the forefront of innovation in the healthcare industry.

11/09/2023 06:30 AM

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CloudMD Provides Update on Growing Momentum Driven by Client Demand for Navigated Healthcare Solutions & Increased Operational Efficiencies

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CloudMD Software & Services Inc. (TSXV: DOC, OTCQX: DOCRF, Frankfurt: 6PH) shared an update on the success of its initiatives to grow the Company’s share of wallet among large global organizations and drive down costs by creating operational efficiencies. Key client successes include an additional 100,000 lives covered via new client signings for CloudMD portfolio solutions, with almost 50% of new clients in Q3 launching with more than one service. Major operational efficiency initiatives include the consolidation of internal cloud technology infrastructure into a singular tenant, expected to result in significant annual cost savings and reduced management overhead.

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10/02/2023 07:00 AM

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CloudMD Invites Investors to Attend Upcoming Investor Day

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CloudMD Software & Services Inc. invites investors to join their investor day webinar on October 5th at 10:00 am EDT.

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08/28/2023 06:30 AM

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CloudMD Reports Second Quarter 2023 CloudMD Continues to Drive Execution with Adjusted EBITDA Approaching Breakeven

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CloudMD reported an adjusted EBITDA loss of $0.7 million, marking a $2.5 million improvement YoY. Gross margin increased by 510 bps over the comparable period in 2022. The company signed a significant contract for remote patient monitoring with a major U.S. Regional Hospital System, with meaningful revenue contribution expected in Q4. Q2 2023 revenue was $23.2 million, with a 7% YoY organic growth in Health and Wellness Services. The company expects low double-digit revenue growth in 2023 and aims for Adjusted EBITDA breakeven in Q4 2023. Cash balance was $18.8 million as of June 30, 2023. The company has completed its goal of operationalizing historical acquisitions and is focused on cross-selling and winning new customers.

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08/23/2023 06:30 AM

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CloudMD Secures Contract for Remote Patient Monitoring Program with a Major United States Hospital System

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CloudMD signs contract for Remote Patient Monitoring with major U.S. Hospital System

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08/15/2023 05:00 PM

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CloudMD Announces Second Quarter Earnings Date and Upcoming Investor Day

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CloudMD Software & Services Inc. will release its financial results for Q2 2023 on August 28, 2023. The earnings conference call and webinar will be held on the same day at 9:30 am ET. The Company has focused on profitability and long-term growth, and will hold an Investor Day Call and Webinar on October 5, 2023.

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07/06/2023 06:30 AM

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CloudMD Shares Results of Ontario Therapist Assisted Internet Delivered Cognitive Behavioural Therapy Program

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07/04/2023 06:30 AM

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CloudMD Divests Non-Core U.S. Electronic Medical Records and Practice Management Business

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06/07/2023 07:00 AM

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CloudMD Announces Leadership Change

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05/29/2023 04:30 PM

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CloudMD Reports First Quarter 2023 Results Closing the Gap on Path to Profitability

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05/24/2023 06:30 AM

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CloudMD to Report First Quarter Financial Results on Monday, May 29, 2023

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FAQ

What is the current stock price of CLOUDMD SOFTWARE & SVCS (DOCRF)?

The current stock price of CLOUDMD SOFTWARE & SVCS (DOCRF) is $0.02679 as of July 10, 2024.

What is the market cap of CLOUDMD SOFTWARE & SVCS (DOCRF)?

The market cap of CLOUDMD SOFTWARE & SVCS (DOCRF) is approximately 6.2M.

What does CloudMD Software & Services do?

CloudMD is an innovative health services provider that focuses on transforming care delivery by combining leading-edge technology with an exceptional network of healthcare professionals.

What is the Kii platform by CloudMD?

The Kii platform offers workplace health and well-being solutions, providing personalized healthcare experiences across mental, physical, and occupational health.

How does CloudMD enable remote patient monitoring?

CloudMD leverages advanced AI and deep learning algorithms to enable remote patient monitoring, delivering accurate health measurements and personalized insights.

What additional services does CloudMD offer?

CloudMD offers digital health education resources, mental health support services, and comprehensive health tools to hospitals, clinics, and healthcare providers.

What recent partnerships has CloudMD entered into?

CloudMD has recently signed contracts with leading healthcare organizations like The Ottawa Hospital to provide comprehensive health services to their employees.